Loopring Price Surges 9% as Binance Changes Lending Policy

LRC price experienced a significant surge of 9.21% overnight, trading around $0.09951. The token’s market capitalization reached $136 million and trading volume jumped to $33.9 million, indicating increased volatility as traders react to fresh momentum shifts. This rise follows Binance’s recent policy change, reducing LRC’s collateral ratio from 40% to 25% for portfolio margin users. This shift enables more borrowing against LRC holdings, boosting liquidity and speculative leverage.